Dubai Electricity and Water Authority (DEWA) has won the ‘2020 Middle East and Africa Renewables Deal of the Year’ from Project Finance International (PFI) magazine for the photovoltaic 5th phase of the Mohammed bin Rashid Al Maktoum Solar Park. PFI magazine, a subsidiary of Thomson Reuters, focuses on tracking and analysing projects, financial budgets and project deals worldwide.
The solar park is the largest single-site solar park in the world with a planned production capacity of 5,000 megawatts by 2030″
The fifth phase is to provide clean energy to 270,000 residences in Dubai. This will reduce 1.18 million tonnes of carbon emissions annually. The project is due for commissioning in stages starting Q3 of 2021.
source: wam.ae
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DUBAI, UNITED ARAB EMIRATES (U.A.E)